Star Health will cut the offer for sale portion of its IPO after the offering received a tepid response in its subscription period ending yesterday, according to a source.

The IPO of the country's largest private health insurance firm was not fully subscribed by the close of bidding on Thursday, signalling that demand for IPOs in India could be waning.

It was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering. "The retail and institutional part was fully subscribed but that wasn't the case for HNIs (High Net-worth Individuals).

We saw a tepid response from HNIs and so there has been about a $100 million shortfall. So as a result, the offer for sale size will be

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COLOMBO (News 1st); Foreign Minister of Sri Lanka Prof. G.L.

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14-hour Water Cut for multiple areas in Gampaha on Wednesday (9)

COLOMBO (News 1st); The National Water Supply and Drainage Board said that a 14-water cut will be experienced from 4 PM on Wednesday (9) for many areas in the Gampaha District.The areas that will be affected are:Ekala, Kotugoda, Udammita, Thudella to 20th Mile Post along Raja Mawatha, Wahatiyagama, Delatura, Katunayake, Seeduwa, Udugampola, Minuwangoda, Katunayake Air Force Camp, Katunayake Free Trade Zone, and Katana South.

Waters

2 men shot inside Overbrook bar, police say

OVERBROOK - Philadelphia Police are investigating after two men are shot inside a bar in Overbrook.The shooting happened Tuesday night, around 8:15, on the 6600 block of Lansdowne Avenue.Police were called to the bar on the report of gunshots inside the establishment.Arriving officers found a 31-year-old man with two gunshot wounds to his leg. He was taken to Lankenau Medical Center by police and placed in stable condition.A second man, 54, was found to be suffering from a gunshot wound to his buttocks.

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Alberta ending vaccine passport program and other COVID-19 public health restrictions

Premier Jason Kenney says Alberta’s vaccine passport will end almost Tuesday at midnight and most other big COVID-19 health rules will be gone in three weeks from now. Dan Grummett, Tom Vernon and Morgan Black have team coverage on what is happening, how the health-care system is doing and how Albertans feel about the changes.

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Alberta restaurants, gyms have mixed feelings about scrapping vaccine passport

Starting Wednesday, Alberta restaurants, gyms and concert venues will no longer be required to ask for proof of vaccination. As Morgan Black explains, owners have mixed feelings about scrapping the restrictions exemption program.

vaccine

Alberta removes Restrictions Exemption Program effective at midnight: Kenney

Alberta Premier Jason Kenney announces the Restrictions Exemption Program will end at 11:59 p.m. on Feb. 8, 2022.

Jason Kenney

Kenney: Turning public health policy into ‘political football’ not helpful

Alberta Premier Jason Kenney responds to a question about municipalities and the provincial governments being on the same page when it comes to COVID-19 policy.

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Businesses can continue using COVID-19 QR codes as long as they are issued: Kenney

Alberta Premier Jason Kenney says businesses who want to continue to use the Alberta COVID-19 vaccination QR code are allowed to do so as long as they are issued.

Jason Kenney Alberta Covid covid-19 vaccine

Restrictions Exemption Program has been ‘extremely tough’ on rural Alberta businesses: Kenney

Premier Jason Kenney says the Restriction Exemption Program has been “extremely tough” on businesses in rural Alberta with low COVID-19 vaccine uptake.

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Kenney announces removal of mask mandates for Alberta students

Alberta Premier Jason Kenney announces that all mask mandates for children 12 and under will be removed.

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Alberta will continue lifting COVID-19 restrictions in phased approach: Kenney

Premier Jason Kenney announces the final two steps in relaxing COVID-19 restrictions in Alberta based on hospitalizations.

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Alberta expands COVID-19 vaccination eligibility for youth

Alberta Health Minister Jason Copping announces expanded eligibility for youth to receive the COVID-19 vaccine.

Alberta Health Jason Copping covid-19 vaccine Health

The COVID-19 trends that will decide B.C.’s path forward

Global’s Keith Baldrey looks at what COVID-19 trends B.C. officials will take into account, when deciding on which restrictions to ease.

Keith Baldrey covid-19

Philadelphia man accused of road rage shooting in Montgomery County

WHITEMARSH TWP, Pa. - A Philadelphia man is accused of shooting a driver in an apparent road rage incident last month on a highway in Montgomery County. Keith Choice, 31, was taken into custody on Tuesday after police said he shot another driver on the northbound side of State Route 309 in late January. According to investigators, a 65-year-old man was driving in the far left lane when Choice pulled up next to him and fired a single shot that hit the victim in the right upper arm. MORE LOCAL HEADLINESPolice said the bullet narrowly missed striking the victim's neck.

county Montgomery county Keith hospital Man Highways

Tequila could become America’s favorite liquor, data trends show

General Declaration on the Protection of the Appellation of Origin Tequila, as put forth by Mexico’s Tequila Regulatory Council. Tequila popularity has been steadily growing since 2002 and in 2021 alone, 26.9 million 9-liter cases of tequila were sold, according to the Distilled Spirits Council. Compared to vodka, which still has the top spot in Americans’ hearts, tequila sales grew by 30.1% compared to vodka sales which only grew by 4.9% in 2021 alone. "As of 2021, agave-based spirits are the third largest spirits category in the US, behind vodka and whisky. Agave spirits are set to continue on their growth path, fueled by a mix of drivers, including authenticity, product diversity and consumer engagement," according to IWSR which analyzes and tracks alcohol trends. Americans’ consumption of tequila rose 30% between 2015 and 2020, according to IWSR. Tequila also drove industry growth, accounting for nearly one-third of the total increase in spirits revenue, according to the Distilled Spirits Council.

Kendall Jenner George Clooney Usa Mexico 2020 reports

SpaceX: Geomagnetic storm damaged latest batch of Starlink satellites

CAPE CANAVERAL, FLORIDA, UNITED STATES - 2022/02/03: People watch from Canaveral National Seashore as a SpaceX Falcon 9 rocket launches from pad 39A at the Kennedy Space Center in Cape Canaveral, Florida. The rocket is carrying 49 Starlink internet s CAPE CANAVERAL, Fla. - SpaceX says a geomagnetic storm damaged the latest batch of Starlink internet satellites, keeping most of them from making the proper orbit.The 49 satellites were launched on Feb.

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GOP lawmaker apologizes for cursing at Democrat over mask-wearing

UNITED STATES - FEBRUARY 25: Rep. Hal Rogers, R-Ky., talks with the media after a meeting of the House Republican Conference in the Capitol, February 25, 2015. (Photo By Tom Williams/CQ Roll Call) WASHINGTON - A senior Republican lawmaker apologized late Tuesday for using an expletive when Democratic Rep.

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Boom felt throughout southern N.J. and Del. possibly weather-related

PHILADELPHIA - A disturbance in the mid-level of the atmosphere passed through the Northeast Tuesday. Meanwhile, the jet stream with strong winds was passing through Delaware and southern New Jersey during the day.

state New Jersey state Delaware travelers Provident Southern

Olympic ski jumpers slam officials after 5 female skiers get disqualified over outfits

ZHANGJIAKOU, CHINA - FEBRUARY 07: Katharina Althaus of Team Germany jumps during Mixed Team Ski Jumping First Round at National Ski Jumping Centre on February 07, 2022 in Zhangjiakou, China (Photo by Cameron Spencer/Getty Images) Slovenia’s win in the Olympic debut of the mixed team ski jumping event on Monday was overshadowed by a number of disqualifications over suit violations that led several outraged athletes and coaches to slam the sport’s governing body. Five female ski jumpers, from Germany, Austria, Norway, and Japan, were all disqualified from the competition after officials said their ski suits did not comply with the International Ski Federation’s (FIS) rules. According to Yahoo Sports, the suits were deemed too loose which seemingly gives the skiers an advantage on their jumps.RELATED: Figure skater Nathan Chen sets record at Olympics after 2018 'poor' performanceGerman head of Nordic events Horst Huttel, whose team was the favorite heading into the event, said, via Reuters, that the situation was "outrageous." "This is a parody, but I am not laughing ...

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Local authorities warn social media scam that attempts to blackmail teen boys, men

A picture taken on October 1, 2019 in Lille shows the logo of mobile app Instagram, Snapchat, Twitter, Facebook, Google and Messenger are displayed on a tablet.

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Update on Canadian athletes at the 2022 Beijing Olympics

Drew Lawson from the Canadian Sports Institute Calgary joins Global News Morning Calgary to provide an update on the Canadian athletes competing at the 2022 Winter Olympics in Beijing.

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Big Boost Week kicks off; all DHBs reach 90% fully vaccinated for Pacific Peoples; 204 community cases; 16 in hospital

Today we start a national week of action called ‘The Big Boost’ where we’re making it as easy as possible to get your booster, with pop-up vaccination centres and extended opening hours.

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Olympics fans accuse Chinese speed skater of tripping Canadian opponent

Did a Chinese speedskater flick a marker underneath the skate of a Canadian opponent, causing her to fall during Monday’s Olympic women’s 500-metre short-track speedskating quarterfinals?

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Global Covid response program 'running on fumes' amid budget shortfall

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.Never miss a story! Stay connected and informed with Mint. Download our App Now!!

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Pfizer’s Covid windfall creates new mRNA opportunities

Pfizer will spend all that Covid cash.

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Philly woman frustrated waiting for PPA to help pay for damaged vehicle

CENTER CITY - A Philadelphia woman says her car was damaged by a Philadelphia Parking Authority tow truck and is seeking help from them to pay for it, but, she says, she’s not getting answers from them."I’m waiting for them to pay me for my car. Or pay for my car fixtures.

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Reaction spreads across Saskatcewan as premier announces public health orders will soon end

Saskatchewan Premier Scott Moe announced on Tuesday that public health orders will be coming to an end in the province.Moe said on Feb. 8, 2022, that the requirement to provide proof of vaccination or a negative COVID-19 test for businesses, workplaces and other public venues will end on Feb.

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Ambassador Bridge Closed to Canada-bound trucks

For a second day, no vehicles are being allowed into Canada on the most important trade bridge between Canada and the United States. As Seán O’Shea reports, protesters are preventing it.

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Thousands sign petition after U of T gives students “hell money” for Lunar New Year

A petition has garnered thousands of signatures asking for an official apology and investigation, after the University of Toronto’s Graduate House displayed red envelopes containing ‘hell money’ for Lunar New Year.

Ontario considering eliminating yearly license plate renewal fees

According to a government source, the Ford Tories are looking at eliminating the yearly fees to renew license plates. The timing close to the spring budget, but also the spring election. Matthew Bingley reports.

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Philadelphia real estate experts see better future as newcomers move in

CENTER CITY - Philadelphia’s gun violence is finding its way into the heart of Center City, as a man was shot and killed just a few blocks from City Hall.But, real estate experts say the city is bouncing back."I want to cry, I love my city," Cassandra Adams remarked.Adams is as loyal as it comes to Philadelphia, which is why a changing Center City makes her upset."I went to West Catholic. I went to Temple.

county Hall city Center experts Man Citi

Abortion referrals can continue for now, federal court rules

COLUMBUS, Ohio - Federally funded family planning clinics can continue to make abortion referrals for now, a federal court ruled Tuesday, in a setback for a dozen Republican attorneys general who have sued to restore a Trump-era ban on the practice.The 6th U.S. Circuit Court of Appeals in Cincinnati denied a request by the 12 states to pause rules for the federal government’s family planning program while their case is heard.

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Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend

LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over. Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.

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Flyers name Danny Briere assistant to the general manager

PHILADELPHIA, PA - OCTOBER 27: Former Philadelphia Flyer and Buffalo Sabre Daniel Briere acknowledges the crowd during a pre-game ceremony honoring his retirement from the NHL on October 27, 2015 at the Wells Fargo Center in Philadelphia, Pennsylvani PHILADELPHIA - The Philadelphia Flyers have named former franchise great Danny Briere special assistant to the general manager.The 44-year-old Briere, who retired after the 2014-15 season, will be involved in all aspects of the club’s hockey operations, including scouting and player development. He joins the Flyers operations staff after parts of five years with the Maine Mariners of the ECHL, most recently as team president.He also worked in the Flyers player development department for the past two seasons in a part-time role working with the club’s prospects, as well as current players, on and off the ice.

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ACT-Accelerator calls for fair share-based financing of US$ 23 billion to end pandemic as global emergency in 2022

World leaders will today launch a call to end the pandemic as a global emergency in 2022 by funding the Access to COVID-19 Tools (ACT) Accelerator, a partnership of leading agencies that is providing low and middle-income countries with tests, treatments, vaccines, and personal protective equipment.With a significant proportion of the global population still unable to get vaccinated, tested or treated, US$ 16 billion in grant funding is urgently required from governments to fund the work of the ACT-Accelerator agencies. This investment will allow them to procure essential tools to fight COVID-19 and provide them to low- and middle-income countries. The ACT-Accelerator is calling for the support of higher income countries, at a time when vast global disparities in access to COVID-19 tools persist. Over 4.7 billion COVID-19 tests have been administered globally since the

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Saskatchewan to lift proof of vaccination, negative test requirements for businesses on Valentine’s Day

Saskatchewan Premier Scott Moe announced Tuesday that the province would be lifting its proof of vaccination and negative test requirements for businesses and other public venues starting at 12:01 a.m. on Feb.

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Quebec lays out deconfinement plans

Premier Francois Legault has outlined deconfinement plans for the next 4 weeks, as COVID-19 hospitalizations in the province continue to drop. As of March 14, most measures will have been lifted, leaving only mask mandates and vaccination passport requirements.

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Star Health shares to list tomorrow. What to expect

mint. The initial public offering's (IPO) share allotment was finalized on Wednesday.

Star Health India stars Health IPO

Star Health IPO: Latest GMP as all eyes on shares listing

₹4,400 crore from ₹5,249 crore after its initial public offering got a tepid response.

Star Health India stars Health IPO

Star Health reduces OFS size

MUMBAI :

Star Health India city Mumbai stars Health IPO

Star Health cuts IPO size after tepid subscription

Star Health has cut the size of its initial public offering (IPO) to 64 billion rupees ($848.02 million) from 72.49 billion rupees earlier after a subdued response to the IPO last week, its prospectus showed.

Star Health India stars Health IPO

Star Health IPO: Latest GMP ahead of share allotment date. How to check

initial public offering (IPO) failed to get fully subscribed by the close of bidding. The IPO of the country's largest private health insurance firm was subscribed just 79%. Backed by billionaire stock investor Rakesh Jhunjhunwala, the company had priced its IPO between ₹870-900 per share.

Star Health India stars IPO

Star Health employees, MFs show no interest in its IPO

Star Health and Allied Insurance Co. Ltd gave a cold shoulder to its initial public offering (IPO), which closed on Thursday with the company raising less than what it intended to, according to data filed with the stock exchanges.

Star Health India stars IPO

Star Health to cut OFS size amid weak demand for IPO

MUMBAI :

Star Health India city Mumbai stars IPO

Star Health IPO: Latest GMP, subscription status on last day of issue

initial public offer (IPO) of Star Health and Allied Insurance Company Limited was subscribed 20% till the second day of subscription on Wednesday. The three-day share sale opened for subscription on Tuesday and will conclude today. The price band has been set at ₹870-900 per share for its initial public offering (IPO).

Star Health India stars IPO

Star Health to launch its IPO today. Should you bet?

₹870-900 per share for its initial public offering (IPO). Star Health on Monday said it has raised a little over ₹3,217 crore from anchor investors ahead of its IPO.

Star Health India stars IPO

Star Health IPO: What GMP signals ahead of issue opening for subscription tomorrow

₹870-900 a share for its initial public offering (IPO) and at the upper end of the price band, the initial share sale is expected to fetch ₹7,249 crore.

Star Health India city Westbridge stars IPO

Watch for this week: Parliament session, India GDP, Star Health IPO

Mint’s Plain Facts section features five key data releases and events to watch for in the coming week. The winter session of Parliament will start on Monday. The government will also release the GDP data for Q2 this week. Stock markets will eye an IPO by health insurer Star Health and Allied Insurance. Here are the big events and data to watch for:

Star Health India stars bill

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Star Health cuts IPO size after tepid subscription

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